DSB closes consultation on its services

On June 5, the Derivatives Service Bureau (DSB) closed a consultation requesting feedback from direct and indirect users on its services and functionality.

Australian regulators press banks to act on Libor transition

Several CEOs of large Australian banks have received a joint letter from three Australian regulators urging them to plan for the end of the London interbank offer rate (Libor).

Singapore ponders digital only bank licences

Singapore could be set to join other jurisdictions such as Hong Kong in setting up a special licencing regime for digital only banks to help maintain its position as a cutting edge centre for technology.

Whistleblower slams FCA for not acting on complaint

The UK’s Financial Conduct Authority (FCA) has come in for strong criticism from a whistleblower who used to work at Lloyds Banking Group for not acting on her complaint despite acknowledging its seriousness.

IOSCO consults on factors relating to regulating crypto-asset trading platforms

Many of the issues around regulating a crypto-asset depend on whether or not it is classified as a security said the International Organization of Securities Commissions (IOSCO), which is consulting on factors to consider when regulating crypto-asset trading platforms (CTPs).

ESMA consults on equivalence regime for third country CCPs

Three consultation papers looking at how third country central counterparties (TC-CCPs) should be regulated have been launched by the European Securities and Market Authority (ESMA) with feedback requested by July 29.

London loses crown as top financial centre amid Brexit worries says Duff & Phelps

The City of London has lost its position as the world’s top financial centre to New York said Duff & Phelps in a report, while confidence in Hong Kong continues to grow.

FSB hands over progress report on its cyber toolkit to G20

The Financial Stability Board (FSB) has delivered a progress report on the development of a toolkit to help firms cope with cyber attacks ahead of the G20 finance ministers and central bank governors meeting in Fukuoka on June 8-9.

David Nowell

Consequences of MiFID still unfolding ahead of pending review

Market participants and trade associations are drawing up ‘wish lists’ ahead of the European Commission’s review of MiFID II and MiFIR

SEC issues guidelines around exchange fees

Stock exchanges have been given guidelines on how they describe and justify their fees for services such as data provision and connectivity, the US Securities and Exchange Commission said.